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Corus accepted Tata takeover offer

October 21, 2006 — smallpanda

Tata is one of India’s reputed and ethical company, it came into existence during British Rule (1860’s) and it has contribution to Indian Air lines, Steel, Administrative service, Software service (TCS) industries. More on Tata Group in Wikipedia

Infact TCS was the 5th best employer in UK in last year. Also Tata owns UK’s Tetley Tea.!! So they have been contributing to UK economy and a global economy. With Corus steel (formerly British Steel) acquisition, Tata is definitely going to propel UK’s steel industry further in global place. Such globalization is the mantra of next century whereby western countries continue to capitalize the marketplace by associating with Asian/South Asian/African/developing countries and brining the hope of prosperous life to all human being.

I believe world market is operating 1/30(a random number) of its potential because vast majority of market is still to be explored and bring into global market place.